5 Best Dividend Stocks to Buy According to Billionaire Michael Hintze

2. BHP Group (NYSE: BBL)

Hintze’s Stake Value:
Percentage of Michael Hintze’s 13F Portfolio:
Number of Hedge Fund Holders: 23
Dividend Yield: 7.27%

BHP Group (NYSE: BBL) is a basic materials company working in the natural resources business internationally. The company works to explore and develop oil and gas properties and also mines copper, silver, zinc, and other metals. It ranks 2nd on our list of the best dividend stocks to buy according to billionaire Michael Hintze.

In the first quarter of 2021, BHP Group (NYSE: BBL) announced its revenue to be $12.82 billion, while its earnings were valued at $1.94 billion. The stock also gained 14.52% in the past 6 months and 10.4% year to date. By the end of the first quarter of 2021, 23 out of 866 hedge funds tracked by Insider Monkey held shares in BHP Group (NYSE: BBL) worth roughly $1.35 billion. This is compared to 18 hedge fund holders in the previous quarter with shares valued at almost $1.22 billion.